Google CEO Pichai Receives Record $199 Million Stock Grant
- Pichai's award is largest ever for a Google executive officer
- CFO Ruth Porat is given $38.3 million in equity compensation
Google CEO Pichai Awarded $199 Million Stock Grant
This article is for subscribers only.
Google Inc.’s Sundar Pichai is poised to become one of the highest-paid executives of a publicly traded company this year after parent Alphabet Inc. awarded him restricted stock worth about $199 million.
Pichai, who is Google’s chief executive officer, received 273,328 Class C shares on Feb. 3 that will vest in quarterly increments through 2019 if he remains on the job, according to a filing Friday from the Mountain View, California-based company.